Regulations Governing Issuance of Bank Debentures by Banks Article 6
The issue amount of Bank Debentures in the application of a bank and its offshore branches plus the outstanding balance shall not exceed two (2) times the bank’s net worth in the final accounts as of the end of the preceding fiscal year.Where a bank's offshore subsidiary bank issues offshore structured products in accordance with Subparagraph 5, Paragraph 1 of Article 5 of the Regulations Governing Banks Conducting Financial Products and Services for High-Asset Customers, and the parent bank serves as the domestic agent and agrees to be jointly and severally liable with the issuer or guarantor of the offshore structured product, the issue amount plus the outstanding balance shall be included in the calculation in the preceding paragraph.When the subordinated Bank Debenture issued by a bank targets individual non-professional investors, the debentures shall be rated by a credit rating agency sanctioned by the competent authority. In other circumstances, either the issuing bank or the Bank Debenture shall be rated by a credit rating agency sanctioned by the competent authority, unless with the approval of the competent authority, the bank has reasonable explanations for not having such a credit rating.For the issuance and the sale of Bank Debentures, a bank shall inform investors of the following:1. Credit rating: Credit rating of the bank or the Bank Debenture; if only credit rating of the bank is provided, the bank shall remind investors to heed the risks associated with the Debenture itself;2. Investment risk: It includes the fact that a Bank Debenture is non-deposit and not insured by the Central Deposit Insurance Corporation;3. Major terms and conditions: They include investor's interest related issues in the provisions of Paragraph 2 of Article 8, and Paragraph 3 of Article 9 of Regulations Governing the Capital Adequacy Ratio and Capital Category of Banks, and whether the Bank Debenture is cancelable, callable or redeemable, and other conditions etc;4. In the case of a subordinated bank debenture, explanations to the priority of claim and the legal effect of subordination; and5. Other material terms and conditions with respect to issuance of Bank Debentures.For the offering and the issuance of Bank Debentures, a bank shall follow the provisions of the Regulations Governing Information to be Published in Financial Institution Prospectuses for Offering and Issuance of Securities.If a bank commissions an underwriter to issue its Bank Debentures, the bank shall enter an agreement with the said underwriter, requiring the said underwriter to perform the obligation of disclosure as provided in the paragraph 3.
中文原文 銀行發行金融債券辦法第6條
銀行及其海外分行申請發行金融債券金額加計前已發行流通在外之餘額，不得超過其發行前一年度決算後淨值之二倍。
銀行之海外子銀行依銀行辦理高資產客戶適用之金融商品及服務管理辦法第五條第一項第五款規定發行境外結構型商品，且由母行擔任境內代理人，同意就發行機構或保證機構所負境外結構型商品之義務負連帶責任或自為保證機構者，其本次發行金額加計前已發行流通在外之餘額，應併入前項計算。
銀行發行次順位金融債券，銷售對象為非專業投資人之自然人時，其債券應取得主管機關認可之信用評等機構評等。
其餘情形，發行銀行或該金融債券，應取得主管機關認可之信用評等機構評等。
但有正當理由，經主管機關核准者，不在此限。
銀行發行及銷售金融債券，應告知投資人下列事項：
一、信用評等等級：銀行或金融債券之評等等級，如係採銀行信用評等，應提醒投資人注意債券標的本身之風險。
二、投資風險：包括金融債券非存款，不受中央存款保險公司存款保險之保障等。
三、重大發行條件：包括依銀行資本適足性及資本等級管理辦法第十條第二項及第十一條第三項與投資人權益相關之事項、金融債券得否中途解約、買回或賣回及其條件等。
四、如為次順位金融債券，其求償順位及次順位之法律效果說明。
五、其他重要發行辦法及條件。
銀行公開募集發行金融債券應依金融業募集發行有價證券公開說明書應行記載事項準則辦理。
銀行委託承銷機構銷售其發行之金融債券時，應約定由承銷機構履行第三項告知義務。
銀行之海外子銀行依銀行辦理高資產客戶適用之金融商品及服務管理辦法第五條第一項第五款規定發行境外結構型商品，且由母行擔任境內代理人，同意就發行機構或保證機構所負境外結構型商品之義務負連帶責任或自為保證機構者，其本次發行金額加計前已發行流通在外之餘額，應併入前項計算。
銀行發行次順位金融債券，銷售對象為非專業投資人之自然人時，其債券應取得主管機關認可之信用評等機構評等。
其餘情形，發行銀行或該金融債券，應取得主管機關認可之信用評等機構評等。
但有正當理由，經主管機關核准者，不在此限。
銀行發行及銷售金融債券，應告知投資人下列事項：
一、信用評等等級：銀行或金融債券之評等等級，如係採銀行信用評等，應提醒投資人注意債券標的本身之風險。
二、投資風險：包括金融債券非存款，不受中央存款保險公司存款保險之保障等。
三、重大發行條件：包括依銀行資本適足性及資本等級管理辦法第十條第二項及第十一條第三項與投資人權益相關之事項、金融債券得否中途解約、買回或賣回及其條件等。
四、如為次順位金融債券，其求償順位及次順位之法律效果說明。
五、其他重要發行辦法及條件。
銀行公開募集發行金融債券應依金融業募集發行有價證券公開說明書應行記載事項準則辦理。
銀行委託承銷機構銷售其發行之金融債券時，應約定由承銷機構履行第三項告知義務。